Post
Topic
Board Gambling
Re: Advanced Betting strategy (low risk, low reward)
by
bfisher1968
on 29/09/2015, 17:28:04 UTC
Was there ever a time they where equal?


To clarify, if you make infinite rolls (10^100000000000000000000000000000000000000000000000000000000000000000000000000...)
the heads and tails tend to even out. But when you take 10 or a trillion rolls, there is no such concept.

Yeah, it is mostly correct, but if it was to even out, as the rolls go by, the tails would have more odds than heads which is incorrect. So Phildo is not exactly wrong, but in this particular part, leex is 100% correct. Smiley

tl'dr There is no such thing called evening out in practical cases/finite rolls.

But the local probability always converge to the basic probability.

I just rolled 20000000 times with the virtual coin and turned out:  10000630 heads and 9999370 tails, which is very close to eachother.

Maximum consecutive is 29

http://i62.tinypic.com/35k34nc.png